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NEUR token
Please have a look at the corresponding Medium article and our Medium blog, where all the announcements and research are put out.
Neuron employs a modified veTokenomics model pioneered at Curve. There are two types of "tokens" - NEUR and veNEUR. The first one is a ERC20 token, with the other being a representation of locked NEUR weighted for the remaining lock time - the balance assigned to a user.
Max Supply: 200 M
100% minted during the genesis event.
The goal of the distribution is to ensure that the community has over 50% of voting power in the protocol. Everything but the NEUR token and DAO itself is deployed upon a DAO decision.
NEUR is an ERC20 token, starting as a governance token through NEUR time-staking for veNEUR. Other functions can be attached to the NEUR token by DAO decision.
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NEUR vesting schedule
11.95% of early backers' and 3.7% of contributors' allocation is reserved for future rounds and protocol development.
DAO Treasury Multisig | 23% | 46,000,000 |
NEUR Incentives For Users | 30% | 60,000,000 |
Team | 25% | 50,000,000 |
Contributors | 1.3% allocated (5% total) | 10,000,000 |
Early backers | 5.05% allocated (17% total) | 34,000,000 |
- DAO Treasury Multisig: 23%, linearly vested over a year. Managed by the DAO-enacted treasury multisig.
- NEUR Incentives For Users: 30%, rewards for liquidity providers in NEUR pools. In the first year half (15% of Total Supply) is linearly released,is released on year n after the protocol launch.
- Team: 25%, developed the protocol and contributed in since earliest days
- Contributors: 5% (1.3% allocated, 3.7% reserved), those who aided in development for more than a year before protocol launch
- Early backers: 17% (5.05% allocated, 11.95% reserved), early community members who put a lot of time since more than half a year before launch and provided help, vision, connections, resources, and capital necessary for the protocol to succeed long-term.
Lockup for contributors: 12 months since project launch, and then linear vesting over two years
Last modified 9mo ago